Yonkers Raceway's Empire City Casino has hired a financial adviser to help it find a partner for growing the venue.

The goal is to transform the nearly 100-acre property into "one of the world's greatest entertainment destinations," according to a statement.

"We believe our prime location and outstanding accessibility will serve as a unique platform to create one of the world’s leading gaming, hospitality, and entertainment venues," Timothy J. Rooney, president of Empire City, said in a statement. "We are excited to explore opportunities with potential partners who can build on the strong foundation we have established."

The raceway-casino has retained J.P. Morgan Securities an an adviser to help explore alternatives.

J.P. Morgan's statement said there's no guarantee that the process will result in a transaction and that there is no definitive schedule to complete the partnership search.

The initiative comes as two new, full-gaming casinos opened this year in New York, with another on the way come March 1 in nearby Sullivan County.

Empire City only offers video lottery terminals and the raceway's owners have expressed their desire to have full-blown gambling.